I understand I file for the net loss.

You don't need to know everything to get started; you need a foundation to build on, and the rest will come through experience and then refining your education.You can build a basic understanding of investing in 3-6 months.

Owners do NOT understand this:(

In terms of finding a partner, I would recommend partnering with someone who has something that you don't have (understands renovations, real estate experience, has money, etc.)

If your reading some "How To" that came out between '2010' and '2020', that's some good fire starter, and that's about it's value in this market cycle and odd's are the market cycle of the next decade or two. 

Market insights and understanding the rental rates in the neighborhood.

I've seen a lot of talk about house hacking and while I believe that I understand the list of it, I'm just not confident to start.

Seller wants $160,000 cash out which leaves $50,000 in equity for the buyer.I had a taker from CA but he couldn't come up with the cash.I was not aware of anyone that understands that kind of deal.  

It is my understanding there are multiple investment vehicles in play.

Licensed in both Hawaii and Vermont at the moment, navigating acquisitions and depositions by collaborating the directions of my client with grounded professional understanding.